Smallcap Fund Financials
| PLLAX Fund | USD 24.93 0.31 1.23% |
Smallcap |
Please note that past performance is not an indicator of the future performance of Smallcap Fund, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Smallcap Fund Fund Summary
Smallcap Fund competes with Teton Westwood, First Eagle, and Oppenheimer Developing. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies with small market capitalizations at the time of purchase. The managers seek to invest in securities of companies that they believe have improving and sustainable business fundamentals, rising investor expectations, and attractive relative valuations.Specialization | Small Blend, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US74254T3692 |
| Business Address | Principal Financial Group |
| Mutual Fund Family | Principal Funds |
| Mutual Fund Category | Small Blend |
| Benchmark | NYSE Composite |
| Phone | 800 222 5852 |
| Currency | USD - US Dollar |
Smallcap Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Smallcap Fund's current stock value. Our valuation model uses many indicators to compare Smallcap Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Smallcap Fund competition to find correlations between indicators driving Smallcap Fund's intrinsic value. More Info.Smallcap Fund Fka is rated top fund in price to earning among similar funds. It is rated top fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Smallcap Fund Fka is roughly 8.75 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Smallcap Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Smallcap Fund's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Smallcap Fund's earnings, one of the primary drivers of an investment's value.Smallcap Fund Fka Systematic Risk
Smallcap Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Smallcap Fund volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Smallcap Fund Fka correlated with the market. If Beta is less than 0 Smallcap Fund generally moves in the opposite direction as compared to the market. If Smallcap Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Smallcap Fund Fka is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Smallcap Fund is generally in the same direction as the market. If Beta > 1 Smallcap Fund moves generally in the same direction as, but more than the movement of the benchmark.
Smallcap Fund May 31, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Smallcap Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Smallcap Fund Fka. We use our internally-developed statistical techniques to arrive at the intrinsic value of Smallcap Fund Fka based on widely used predictive technical indicators. In general, we focus on analyzing Smallcap Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Smallcap Fund's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9845 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.49 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Smallcap Fund Fka. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Smallcap Fund Fka information on this page should be used as a complementary analysis to other Smallcap Fund's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.